the only thing chinese tourists dare talk about at home are how many cows we have
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Pretty hard to pick the bottom. Have topped up 4 times today. Have picked four bottoms in 5 hours. They all seem to be dead cats bottoms. Have decided to stop picking any more bottoms today unless it goes below $14, then will have to start the whole bottom picking process again :eek2:.
Longs getting BURNED!
I'm trying to get that image out of my head lol. Sounds very smelly :eek2:
For me, I'm simply not interested. Any stocks that relies on China for the vast majority of its sales is off limits as far as I am concerned. Anything can and probably will happen with this looming trade war...we live in interesting times and almost anything is possible including who knows how much collateral damage to N.Z.
I am very cautious. My favourite investment class is presently CASH.
Back in again today after I sold out a few months back. Easy $$ here.
just gets worse into the close !!
my guess off under $14 today looking real
I'd say this is just a natural sell off by international investors. International markets are getting slaughter with the whole US tariff situation. So far its not a bad price for buying, but do be weary of the wrath of the international markets currently, there is not much rational in value when people panic and over think. Good long term buying though, will be interesting how this plays out. I'll possibly take a position myself if this heads into the $12-$13 mark, some good margin of safety there.